Word: tariffs
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...this field the six nations proved far less flexible. After centuries of striving for national self-sufficiency in food production, each country had its own weird system of import restrictions, government subsidies, artificially maintained price levels to protect its farmers, and these were far harder to change than industrial tariff walls...
...business responded to the President's tariff reduction program surprisingly favorably...
...trade are the executives of the many U.S. industries already selling successfully overseas. But less predictably, freer trade has the endorsement, according to soundings taken by TIME correspondents, of many businessmen whose companies are currently suffering from import competition but who are confident they can counterattack effectively if foreign tariff barriers are dropped. Among the generally pro-free trade industries...
...pared," says Cecil Morgan, Standard Oil of New Jersey's chief of government rela tions, "but unit costs of production; and if you do that you'll see that there isn't much difference." ∙PULP & PAPER. "We want freer trade with Europe, not tariff protection at home," says Crown Zellerbach Chairman J. D. Zellerbach. "The only...
...GLASS. With imported sheet glass taking 32.5% of 1960 sales (v. 15.4% m 1955), Vice President Robinson F. Barker of Pittsburgh Plate Glass Co. says: "We see no real hope of sharing any growth in the U.S. market unless effective tariff re lief is granted...